Anti-Nvidia Data-Center Startup Is Valued at $1.55 Billion in New Funding Round
TensorWave, an emerging cloud computing startup, secured $350 million in a new funding round this week, pushing the company’s valuation to $1.55 billion. Based in the United States, the startup aims to challenge Nvidia’s near-monopoly on artificial intelligence infrastructure by deploying large-scale data centers powered exclusively by Advanced Micro Devices (AMD) hardware. The Shift in…